Axie Infinity Set Record With $4 Billion In NFT Sales

Axie Infinity set record with $4 billion in NFT sales as it continues to amaze the users with its game features so let’s read more in our latest Ethereum latest news.

Despite a few hiccups, the play-to-earn game is unstoppable. In fact, it just made quite a bit of noise this week after the Sky Mavis project which made $4 billion in all-time NFT revenues. The in-game currency of the P2E pet training universe AXS increased by 2,544% against the US dollar in the past year and on the other side, Smooth Love Potion or SLP Token had less fun year with the value dropping by 70% year to date.

The metrics show that there are now over 53,502 AXS token holders and 45,276 owners out of the 166,870 Axies. Accoridng to the 24-hour Axie Infinity NFT sales numbers, the project recieved about $2.2 million in transactions from 17,731 buyers. While Axie is third-all time in terms of sales and it is fourth in terms of 24-hour sales and fifth in terms of the past week. Last month, Axie placed eight out of 10 projects in terms of the 30-day NFT sales.

Accoridng to the recent market analysis, the average selling price of axie Infinity on Monday was $55.53 or up by 7.1% from the previous day’s low of $50.30 to a new high of $56.14. Axie Infinity set a record of $4 billion in sales while the past week they were down. Axie Infinity processed $19,815,670 in orders via the Ronin blockchain in the recent weekly data. Last week, Axie NFTs had a total of 267,906 transactions with 91,940 buyers. In the meantime, the value of metaverse properties surged alogn with the rising interest in blockchain-based virtual world projects like The Sandbox, Decentraland, and Illuvium. The Land in the Metaverse as well as flats, mansions, and houses were selling between $4 and $7 million.

The Webbland project that advertises itself as an interconnected pixel metaverse, generated up to $3.6 million in revenues over the last seven days and marked an increase of 126.25% over the previous week. Webbland is similar to the Sandbox and Decentraland as it allows users to own land, equip it with quests and NFTs. Webland also surpassed Farmers World to claim the 33^rd rank in terms of seven-day sales in the past week as it fell short of the Sheet Fighter.